Is Instagram Owned by Facebook 2019

Facebook just got Instagram for $1 billion in cash money and also stock.

Is Instagram Owned By Facebook

Instagram is a mobile-only photo-sharing application. It grew from 1 million customers in January 2011 to 15 million in December 2011. It has 30 million customers now.

What's fantastic concerning it is that it is really fast - particularly compared to Facebook.

With the Facebook iPhone application, there are 6 displays a customer has to go with before an individual can in fact take a photo. With Instagram, there is one.

In February, we described Instagram as the greatest threat to Facebook.

Mark Zuckerberg just announced the news on Facebook:

I'm excited to share the news that we've consented to acquire Instagram which their talented team will be joining Facebook.

For years, we have actually focused on constructing the most effective experience for sharing images with your family and friends. Currently, we'll have the ability to function a lot more very closely with the Instagram team to additionally supply the very best experiences for sharing stunning mobile pictures with individuals based upon your interests.

We believe these are different experiences that complement each other. Yet in order to do this well, we require to be conscious concerning maintaining and also improving Instagram's strengths and also functions as opposed to just attempting to integrate every little thing into Facebook.

That's why we're dedicated to building as well as expanding Instagram separately. Numerous individuals around the world like the Instagram application and also the brand related to it, and our goal is to help spread this app and also brand name to a lot more individuals.

We believe the fact that Instagram is attached to various other services beyond Facebook is an important part of the experience. We plan on keeping attributes like the capability to upload to various other socials media, the capability to not share your Instagrams on Facebook if you desire, and the capability to have fans and follow people independently from your pals on Facebook.

These and also many other features are important parts of the Instagram experience and also we comprehend that. We will try to gain from Instagram's experience to construct similar functions into our various other items. At the same time, we will certainly attempt to aid Instagram remain to grow by using Facebook's strong design group and facilities.

This is a crucial milestone for Facebook due to the fact that it's the very first time we've ever before gotten an item as well as company with many customers. We do not plan on doing a lot more of these, if any kind of at all. But giving the best picture sharing experience is one reason that a lot of people love Facebook and we knew it would certainly be worth bringing these 2 business with each other.

We're looking forward to dealing with the Instagram group and to every one of the wonderful brand-new experiences we're mosting likely to have the ability to build with each other.

Tweet